Signed in as:
filler@godaddy.com
Signed in as:
filler@godaddy.com
To reverse climate change by achieving net negative emissions globally through our network of bioreactors.
Solving climate change is the greatest challenge of our time. Our failure to act now will have devastating consequences for future generations in the decades and centuries to come.
The primary cause of climate change is the skyrocketing amount of CO₂ that has been added to our atmosphere since the Industrial Revolution of the mid-nineteenth century.
In order to reverse climate change, the world needs to not only reduce CO₂ emissions, but to remove the CO₂ that has already been added to our atmosphere through a process known as Carbon Dioxide Removal.
According to the UN's 2023 IPCC (International Panel on Climate Change) Synthesis Report "Carbon dioxide removal (CDR) will be necessary to achieve net negative CO₂ emissions." Not only do we need to remove the CO₂ from the air that has already been generated; we also need to remove more CO₂ from the air than the world is generating, thereby reaching what is called "net negative emissions". This is because the world's economy will continue to generate CO₂ emissions in the near-term. In order to limit climate change, and then to reverse it, we need to come up with a viable initiative to capture vastly more CO₂ from the atmosphere than we are generating.
Current levels of CDR are inadequate at best. Many of the current iterations of carbon capture involve building large-scale facilities in rural areas with available land; these projects cost billions of dollars and take time to develop, build and become operational.
According to the United States Congressional Budget Office December 2023 Report: Carbon Capture and Storage in the United States, "Fifteen CCS [Carbon Capture and Storage] facilities are currently operating in the United States. Together, they have the capacity to capture 0.4 percent of the nation’s total annual CO₂ emissions. An additional 121 CCS facilities are under construction or in development. If all of them were completed, they would increase the nation’s CCS capacity to 3 percent of current annual CO₂ emissions."
It is clear that current CDR projects and initiatives have not been able to meet the astronomical scale of the problem needed to keep climate change at or below the 1.5°C called for in the United Nations Framework Convention on Climate Change (UNFCCC) Paris Agreement of 2015. Building the amount of large-scale CCS facilities needed globally to get us to net negative emissions is not feasible, as the amount of resources in land, time and money needed to do this would be impossible, especially in the time frame needed to achieve our net zero targets.
Algae is known to be anywhere from 10 to 50 times more efficient in its ability to capture carbon than terrestrial plants, with as much as 400 times the ability of trees to capture CO₂ , depending on the type of algae and the type of tree it is being compared to.
We are utilizing the natural power of algae, further enhanced by genetic engineering, to remove even more carbon dioxide from the air. Our DAC Everywhere™ bioreactors integrate a mechanical and nature-based solution to reversing climate change, helping the world reach net zero and beyond.
Global warming is a complex problem that requires a complex solution; there is no single technology alone that would be able to fix this problem, but in finding ways to merge cutting edge technologies together, we've come up with a solution that has the real potential to reverse climate change by reducing the amount of CO₂ in our air.
It is our aim to create a global network of millions of DAC Everywhere™ bioreactors operating in every city around the world to create an additive, verifiable and measurable technologically driven carbon dioxide removal system that will effectively remove the CO₂ from our atmosphere that has been anthropogenically generated for the last few centuries.
We will be operating in cities and urban areas where the highest level of CO₂ emissions are generated, for the most effective and efficient carbon dioxide removal possible.
Our go to plan for carbon sequestration is to bury a minimum of 80% of our algae biomass in naturally occurring limestone deposits. Under ideal conditions, CO₂ sequestered in limestone can be stored for millions of years.
Approximately 10% of the algae biomass we harvest from our bioreactors will be converted into biofuel to generate electricity to power our network of bioreactors.
The remaining 10% of the algae biomass we produce will be used as raw material for a variety of commercial applications
including but not limited to pharmaceuticals, beauty and health products, fertilizer, animal feed and nutritional supplements, depending on the needs of the local community in which we are deployed.
Carbon markets currently available are fragmented and lack reliability; the majority of them purchase carbon credits from unreliable sources. With multiple standards, difficulties measuring and verifying actual amounts of carbon dioxide removed from the air, with double counting of carbon credits, lack of transparency in the markets, and stakeholders with financial incentives for dishonesty, there has to be a better way forward. We will create a global carbon credit marketplace based on blockchain technology that is transparent, verifiable and ensures each carbon credit is one-time use by design, creating a marketplace that is trustworthy and accountable to stakeholders.
Our project offers the world's first truly global solution to climate change.
As the root cause of climate change is high levels of CO₂, our solution deals directly with the root cause of the problem by offering a carbon dioxide removal system based on nature's own carbon dioxide removal system: photosynthesis.
We are offering a solution that is science-based and backed by nature. Our solution is scalable, viable, and practically unlimited in scope as we scale up. Our project offers a solution that is safe and effective and can be deployed globally in a shorter time period and at a lower cost.
The Canterhill Carbon Project provides a complete and comprehensive solution to the problem of climate change, creating a clear and effective pathway to reaching net zero.
Copyright © 2022 North Pacific Wealth Management - All Rights Reserved.